1994–95 FIBA European League
| 1994–95 FIBA European League | |
|---|---|
| League | FIBA European League |
| Sport | Basketball |
| Regular Season | |
| Top scorer |
 Sašha Danilović (Buckler Bologna) |
| Final Four | |
| Champions |
 Real Madrid
|
| Runners-up |  Olympiacos |
| Final Four MVP |
 Arvydas Sabonis (Real Madrid) |
The 1994–95 FIBA European League, also shortened to 1994–95 FIBA EuroLeague, was the 38th installment of the European top-tier level professional club competition for basketball clubs (now called EuroLeague). It began on September 8, 1994, and ended on April 13, 1995. The competition's Final Four was held at Zaragoza.
*Levski Sofia withdrew before the first leg and Pezoporikos Larnaca received a forfeit (20-0) in both games.
If one or more clubs are level on won-lost record, tiebreakers are applied in the following order:
The seed teams played games 2 and 3 at home.
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